Government Claims for Clean-Up Costs Related to Cold-War-Era Contracts Rebuffed
Client Alert | less than 1 min read | 10.10.12
On September 30, a federal court dismissed the government's claims for clean-up costs associated with groundwater contamination resulting from Cold-War-era Air Force contracts for certain rockets. Dismissal of the government's claims, which alleged perchlorate and trichloroethylene contamination, was based in part on "hold harmless" language in Air Force facilities contracts and continues the trend of recent decisions in cases involving the government's obligation to pay for environmental remediation costs stemming from work performed under government contracts.
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Client Alert | 6 min read | 08.11.26
Over the past 18 months, the federal banking agencies have clarified supervisory expectations for banks’ crypto-asset activities, and several of the largest U.S. banks have announced programs accepting Bitcoin and Ether as loan collateral. Separately, on June 3, 2026, New York’s enactment of the 2022 amendments to the Uniform Commercial Code took effect, changing the rules governing the perfection of a security interest in digital asset collateral in New York, the jurisdiction whose law governs most institutional credit documentation. Together, these developments may create significant opportunities for lenders navigating the complexities to comply with the newly enacted statutes. This alert surveys the current landscape, from regulatory permissibility and perfection through custody, structuring, and compliance, for institutions active in this market or considering entering it.
Client Alert | 1 min read | 08.10.26
Client Alert | 4 min read | 08.10.26
Client Alert | 4 min read | 08.07.26
Missouri AG Sues Kansas City Over Race- and Sex-Based Contracting Program
